Happy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in tod...

CoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...

Oracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...

Meta Platforms is leasing its excess AI compute capacity to enterprise clients. This move will reshape the rivalry between Indian tycoons M...

Microsoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...

Meta has poured hundreds of billions of dollars into data centers and AI chips.

Finance Minister Nirmala Sitharaman is on a four-day visit to France to bolster the India-France Strategic Partnership and economic ties. A...

The deal comprises a mix of equity, debt and share swap, and follows S&M's earlier acquisition of AWS partner Nubinix Technologies in March...

Microsoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...

Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...

Microsoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...

About $357 billion of market value was erased, and Microsoft's stock suffered its biggest ⁠one-day decline in nearly six years.

OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...

AI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...

OpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...

Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...

Microsoft exceeded revenue expectations, fueled by strong demand for AI tools and Azure cloud services, with Azure revenue soaring by 39%. ...